AEM financial statements

The full income statement, balance sheet, and cash-flow statement for Agnico Eagle Mines Limited (AEM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2017-12 232.7M2018-12 234.5M2019-12 239.6M2020-12 243.3M2021-12 245.0M2022-12 438.5M2023-12 497.3M2024-12 501.7M2025-12 500.0M+114.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	11.9B YoY+43.7%	8.29B YoY+25.0%	6.63B YoY+15.4%	5.74B YoY+48.4%	3.87B YoY+23.3%
Cost of revenue	3.34B YoY+8.3%	3.09B YoY+5.2%	2.93B YoY+11.0%	2.64B YoY+49.1%	1.77B YoY+24.5%
Operating income	—	—	—	2.77B YoY+42.6%	1.94B YoY+21.5%
Interest expense	91.1M YoY-28.1%	127M YoY-2.6%	130M YoY+56.9%	82.9M YoY-9.9%	92.0M YoY-3.3%
Pre-tax income	6.70B YoY+137.6%	2.82B YoY+19.6%	2.36B YoY+111.5%	1.12B YoY+19.6%	933M YoY+21.5%
Income tax	2.24B YoY+142.2%	926M YoY+121.7%	418M YoY-6.2%	445M YoY+20.1%	371M YoY+44.9%
Net income	4.46B YoY+135.4%	1.90B YoY-2.4%	1.94B YoY+189.6%	670M YoY+19.3%	562M YoY+9.8%
	$8.86 YoY+134.4%	$3.78 YoY-4.3%	$3.95 YoY+158.2%	$1.53 YoY-33.5%	$2.30 YoY+9.5%
EPS (basic)	$8.89 YoY+134.6%	$3.79 YoY-4.5%	$3.97 YoY+159.5%	$1.53 YoY-33.8%	$2.31 YoY+9.0%
	502M YoY+0.4%	500M YoY+2.3%	489M YoY+11.7%	438M YoY+79.6%	244M YoY+0.9%
	503M YoY+0.5%	501M YoY+2.2%	490M YoY+11.7%	439M YoY+79.2%	245M YoY+0.7%
Dividends per share	$1.60 YoY+0.0%	$1.60 YoY+0.0%	$1.60 YoY+0.0%	$1.60 YoY+14.3%	$1.40 YoY+47.4%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	4.99B YoY+78.0%	2.81B YoY+28.0%	2.19B YoY+0.5%	2.18B YoY+67.4%	1.30B YoY+4.4%
Cash & equivalents	2.87B YoY+209.4%	926M YoY+173.6%	339M YoY-48.6%	659M YoY+254.5%	186M YoY-53.8%
Inventory	1.70B YoY+12.5%	1.51B YoY+6.5%	1.42B YoY+17.4%	1.21B YoY+37.6%	879M YoY+39.4%
	34.5B YoY+15.0%	30.0B YoY+4.5%	28.7B YoY+22.1%	23.5B YoY+130.0%	10.2B YoY+6.3%
Property, plant & equipment	22.9B YoY+6.4%	21.5B YoY+1.2%	21.2B YoY+15.0%	18.5B YoY+140.5%	7.68B YoY+4.8%
Goodwill	4.16B YoY+0.0%	4.16B YoY+0.0%	4.16B YoY+103.4%	2.04B YoY+401.3%	408M YoY+0.0%
	2.47B YoY+63.5%	1.51B YoY+44.3%	1.05B YoY+10.7%	946M YoY+24.2%	762M YoY+47.7%
Short-term & current debt	—	90.0M YoY-10.0%	100M YoY+0.0%	100M YoY-55.6%	225M
	9.73B YoY+6.3%	9.15B YoY-1.2%	9.26B YoY+27.7%	7.25B YoY+72.0%	4.22B YoY+7.2%
Long-term debt	196M YoY-81.4%	1.05B YoY-39.6%	1.74B YoY+40.3%	1.24B YoY-7.3%	1.34B YoY-14.4%
	24.7B YoY+18.8%	20.8B YoY+7.3%	19.4B YoY+19.6%	16.2B YoY+170.7%	6.00B YoY+5.6%
Total equity incl. non-controlling	24.7B YoY+18.8%	20.8B YoY+7.3%	19.4B YoY+19.6%	16.2B YoY+170.7%	6.00B YoY+5.6%
	500M YoY-0.3%	502M YoY+0.9%	497M YoY+8.9%	456M YoY+86.3%	245M YoY+0.7%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash from operations	6.82B YoY+72.1%	3.96B YoY+52.3%	2.60B YoY+24.1%	2.10B YoY+55.8%	1.35B YoY+12.9%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	42.4M YoY+14.5%	37.0M YoY+23.6%	29.9M YoY+47.7%	20.3M YoY+10.2%	18.4M YoY+32.6%
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	803M YoY+0.6%	798M YoY+2.8%	776M YoY+7.0%	725M YoY+113.4%	340M YoY+48.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	84.8B YoY+116.0%	39.2B YoY+63.1%	24.1B YoY+88.8%	12.7B YoY-2.2%	13.0B YoY-24.1%
P/E	19.0× YoY-8.2%	20.7× YoY-42.3%	35.9× YoY+58.3%	22.7× YoY-2.2%	23.2× YoY-30.9%
P/S	7.1× YoY+50.3%	4.7× YoY+13.0%	4.2× YoY+27.3%	3.3× YoY-2.2%	3.4× YoY-38.5%
P/B	3.4× YoY+81.9%	1.9× YoY+27.2%	1.5× YoY-30.2%	2.1× YoY-2.2%	2.2× YoY-28.1%
	5.3% YoY+8.9%	4.8% YoY+73.4%	2.8% YoY-36.8%	4.4% YoY+2.2%	4.3% YoY+44.7%
	0.94% YoY-53.9%	2.0% YoY-29.9%	2.9% YoY-5.2%	3.1% YoY+16.8%	2.6% YoY+95.5%
Source filing	40-F	40-F	40-F	40-F	40-F

About this data

Source: AEM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AEM filings on SEC EDGAR → Not investment advice.